Singapore Warns CoinTiger As Unregistered Exchange

CoinEdition

Published May 06, 2021 09:09AM ET

Updated May 06, 2021 09:30AM ET

Singapore Warns CoinTiger As Unregistered Exchange

  • CoinTiger is not a licensed exchange, according to MAS.
  • The MAS has issued a warning against CoinTiger’s crypto activities.
  • It has alerted investors to be vigilant.

According to the Monetary Authority of Singapore (MAS) Investor Alert List, CoinTiger is not a registered or licensed crypto exchange in the digital asset market. For this reason, the MAS has issued a warning against CoinTiger’s crypto activities.

Notably, MAS does not limit its warning to CoinTiger alone. The Singapore authority has alerted investors to be vigilant and stop using the said exchange to avoid becoming scam victims.

In addition to this, the MAS investor Alert List focuses on listing unregistered persons or investment fraud and scams.

Prior to the MAS warning, Blockchain Developer.com’s

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